Australian Property is an interesting beast. Some call it a bubble ready to pop, and others say Australia is different from the rest of the world’s property markets, and is anything but a bubble.

This blog doesn’t take a position either way, we simply look at the charts and graphs that flow from time to time.

One thing that many property bulls, bears and a third rare breed which we’re going to call questioners all acknowledge that housing price growth is linked closely to housing credit growth. Such a link makes sense, after all how can the population pay more, and contribute to increasingly higher priced houses, if they can’t borrow more to pay more?